In DBFOT contract assessee entitled to depreciation on “Right to Collect Toll” as intangible asset
October 21, 2025
Income Tax, ITAT
Under DBFOT contract “Right to Collect Toll”, is an intangible asset and assessee is entitled to claim depreciation on it. In a recent judgment, ITAT Lucknow has held that under DBFOT contract “Right to Collect Toll”, is an intangible asset and assessee is entitled to claim depreciation on …